Cavendish Square Holding BV will transfer 935,800 of the company’s ordinary shares held to Daniel J. Edelman, Inc. via an off-market transaction. Upon completion of the transfer, changes in major shareholders, the largest shareholder and related parties are expected, with Daniel J. Edelman, Inc. becoming the new major shareholder. Transfer date is October 30, 2026, application period starts October 1, 2026.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"2449","jir_company_name":"PRAP Japan, Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-01","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/2449-20261001-01.pdf","jir_short_summary":"Cavendish Square Holding BV will transfer 935,800 of the company's ordinary shares held to Daniel J. Edelman, Inc. via an off-market transaction. Upon completion of the transfer, changes in major shareholders, the largest shareholder and related parties are expected, with Daniel J. Edelman, Inc. becoming the new major shareholder. Transfer date is October 30, 2026, application period starts October 1, 2026.","jir_summary":"### Overview of the Transaction\nPRAP Japan, Inc. announced that the largest shareholder, Cavendish Square Holding BV, will transfer 935,800 ordinary shares held by it to Daniel J. Edelman, Inc. through an off-market bilateral transaction. As a result, changes in major shareholders, the largest shareholder and other related parties are expected. The application period begins on October 1, 2026, and the settlement date is October 30, 2026.\n\n### Change in Shareholder Composition and Impact\nAfter the transfer, Daniel J. Edelman, Inc. is expected to become the new major shareholder, and Cavendish Square Holding BV will no longer be a major shareholder. Voting rights after the change will be held by Daniel J. Edelman, Inc., and the disclosure of non-listed parent companies, etc., will change to Daniel J. Edelman, Inc. only. No impact on future management structure or business performance is expected.","jir_financial_highlights":"Number of shares to be sold: 935,800 shares (Unknown)\nOffering price: 1,358.64 yen (Unknown)\nSettlement date: 2026-10-30 (Unknown)","jir_category":"","jir_hashtags":"#PRAPJapan, #ShareholderChange, #OffMarketTransaction, #MajorShareholderChange","jir_key_figures":"935,800 shares: Number of shares transferred\n1,358.64 yen: Offering price\n2026-10-30: Settlement date","jir_meta_title":"PRAP Japan, Inc. Notice of Change in Major Shareholder\uff5cOctober 2026","jir_meta_description":"Cavendish Square Holding BV's 935,800 shares of PRAP Japan, Inc. will be transferred to Daniel J. Edelman, Inc. via an off-market transaction. Settlement is scheduled for October 30, 2026. Daniel J. Edelman, Inc. will become the new major shareholder with no expected impact.","jir_og_title":"PRAP Japan, Inc. Notice of Change in Major Shareholder\uff5cOctober 2026","jir_og_description":"Through the share transfer from Cavendish Square Holding BV, Daniel J. Edelman, Inc. will become the new major shareholder. Settlement date is October 30, 2026. No impact expected going forward.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59887,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"share_buyback","footnotes":""},"sector":[],"importance":[],"class_list":["post-126437","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n